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Home › Companies › Marico Limited › 2025-2026

Marico Limited 2025-2026 Proxy Voting Records

At Marico Limited's 3 shareholder meetings in the 2025-2026 proxy season (held August 8, 2025, September 22, 2025 and June 13, 2026), 60 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,284 separate fund positions. Their filings are grouped here into 30 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Accept Financial Statements and Statutory Reports — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 30Reported items
  • 60Asset managers
  • 1,284Fund votes
  • August 8, 2025Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Marico Limited has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2024-2025 2025-2026

Explore Marico Limited in the interactive database Compare manager voting policies

How asset managers voted at the Marico Limited 2025-2026 meetings

Each item below shows how the 60 asset managers that disclosed a Marico Limited vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Marico Limited’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve Continuation of Directorship of Harsh Mariwala as Non-Executive Director

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

99.5% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,184,133 for, 142,929 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,184,133AGAINST: 142,929
Largest asset managers voting on “Approve Continuation of Directorship of Harsh Mariwala as Non-Executive Director” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya065,528 00Against
Putnam051,446 00Against
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

2. Approve Reappointment and Remuneration of Saugata Gupta as Managing Director and Chief Executive Officer

Meeting held August 8, 2025; no official results are on file for this meeting.

99.8% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,275,616 for, 51,446 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,275,616AGAINST: 51,446
Largest asset managers voting on “Approve Reappointment and Remuneration of Saugata Gupta as Managing Director and Chief Executive Officer” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya65,5280 00For
Putnam051,446 00Against
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

3. Reelect Harsh Mariwala as Director

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

99.5% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,184,133 for, 142,929 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,184,133AGAINST: 142,929
Largest asset managers voting on “Reelect Harsh Mariwala as Director” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya065,528 00Against
Putnam051,446 00Against
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

4. Elect Girish Paranjpe as Director

No official resultsDIRECTOR ELECTIONS

Meeting held June 13, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 35 asset managers

The 35 asset managers below reported 35,948,077 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,948,077
Largest asset managers voting on “Elect Girish Paranjpe as Director” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard16,832,8480 00For
OLD WESTBURY FUNDS INC4,125,7920 00For
MATTHEWS INTERNATIONAL FUNDS2,909,7070 00For
Fidelity2,417,3590 00For
BNY Mellon1,106,0630 00For
Aberdeen933,2240 00For
TIAA874,5590 00For
State Street871,0650 00For
Franklin Templeton819,4480 00For
American Century776,2580 00For
GuideStone726,8760 00For
WisdomTree681,6220 00For
Columbia Threadneedle616,9290 00For
Dimensional528,8140 00For
JPMorgan271,3010 00For
Global Macro Absolute Return Advantage Portfolio259,2000 00For
PACE SELECT ADVISORS TRUST248,5430 00For
Empower204,4970 00For
Northern Trust146,3920 00For
Lazard141,7900 00For
WILLIAM BLAIR FUNDS126,3000 00For
Eaton Vance92,4000 00For
Global Macro Portfolio67,9000 00For
AIG/SunAmerica53,5770 00For
Voya25,9970 00For

Showing the 25 largest of 35 asset managers. All 35 are in the interactive database (link above).

5. Elect Bhaskar Bhat as Director

No official resultsDIRECTOR ELECTIONS

Meeting held September 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 35 asset managers

The 35 asset managers below reported 35,405,902 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,405,902
Largest asset managers voting on “Elect Bhaskar Bhat as Director” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,103,1410 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,494,2030 00For
BNY Mellon974,7070 00For
TIAA967,3540 00For
GuideStone917,8140 00For
WisdomTree879,3750 00For
State Street781,4040 00For
Columbia Threadneedle738,2420 00For
Franklin Templeton706,3490 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST228,8390 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS194,1990 00For
Northern Trust130,6100 00For
Lazard75,4620 00For
Invesco72,3160 00For
JPMorgan71,2640 00For
Voya65,5280 00For
AIG/SunAmerica56,2830 00For
Putnam47,9660 00For
Victory Capital36,2240 00For

Showing the 25 largest of 35 asset managers. All 35 are in the interactive database (link above).

6. Continuation of directorship of MR. harsh mariwala (DIN: 00210342), non-executive director, in terms of regulation…

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: CONTINUATION OF DIRECTORSHIP OF MR. HARSH MARIWALA (DIN: 00210342), NON-EXECUTIVE DIRECTOR, IN TERMS OF REGULATION 17(1A) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “CONTINUATION OF DIRECTORSHIP OF MR. HARSH MARIWALA (DIN: 00210342), NON-EXECUTIVE DIRECTOR, IN TERMS OF REGULA” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

7. Re-appointment of MR. saugata gupta (DIN: 05251806) as the managing director and chief executive officer of the company

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: RE-APPOINTMENT OF MR. SAUGATA GUPTA (DIN: 05251806) AS THE MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE COMPANY

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “RE-APPOINTMENT OF MR. SAUGATA GUPTA (DIN: 05251806) AS THE MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER OF TH” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

8. To appoint a director in place of MR. harsh mariwala (DIN: 00210342), who retires by rotation and being eligible…

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: TO APPOINT A DIRECTOR IN PLACE OF MR. HARSH MARIWALA (DIN: 00210342), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE- APPOINTMENT

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “TO APPOINT A DIRECTOR IN PLACE OF MR. HARSH MARIWALA (DIN: 00210342), WHO RETIRES BY ROTATION AND BEING ELIGIB” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

9. Appointment of MR. bhaskar bhat (DIN: 00148778) as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held September 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 11 asset managers

Description as filed by funds: APPOINTMENT OF MR. BHASKAR BHAT (DIN: 00148778) AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 11 asset managers below reported 24,210,491 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,210,491
Largest asset managers voting on “APPOINTMENT OF MR. BHASKAR BHAT (DIN: 00148778) AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,540,8820 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,3950 00For
MASTER INVESTMENT PORTFOLIO78,6030 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Harbor ETF Trust25,1660 00For
GPS Funds I5,5460 00For

10. Appointment of MR. girish paranjpe (DIN: 02172725) as an independent director of the company

No official resultsDIRECTOR ELECTIONS

Meeting held June 13, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 10 asset managers

Description as filed by funds: APPOINTMENT OF MR. GIRISH PARANJPE (DIN: 02172725) AS AN INDEPENDENT DIRECTOR OF THE COMPANY

The 10 asset managers below reported 25,031,476 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 25,031,476
Largest asset managers voting on “APPOINTMENT OF MR. GIRISH PARANJPE (DIN: 02172725) AS AN INDEPENDENT DIRECTOR OF THE COMPANY” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,413,7900 00For
RBC FUNDS TRUST5,885,1390 00For
HARBOR FUNDS1,328,2730 00For
Bridge Builder Trust812,6640 00For
Harbor ETF Trust217,4090 00For
John Hancock159,7280 00For
Six Circles Trust69,1800 00For
Jackson National60,6530 00For
MASTER INVESTMENT PORTFOLIO47,0830 00For
Advisors' Inner Circle Fund III37,5570 00For

11. Elect Girish S. Paranjpe

No official resultsDIRECTOR ELECTIONS

Meeting held June 13, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 7 asset managers

The 7 asset managers below reported 1,847,459 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 1,847,459
Largest asset managers voting on “Elect Girish S. Paranjpe” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI859,1180 00For
Charles Schwab625,3460 00For
SEI Exchange Traded Funds255,5620 00For
Russell Investments89,6790 00For
Federated Hermes7,5900 00For
Venerable Variable Insurance Trust6,5720 00For
VanEck Funds3,5920 00For

12. Continuation of the Office of Harsh Mariwala

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Continuation of the Office of Harsh Mariwala” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

13. Elect Harsh Mariwala

No official resultsDIRECTOR ELECTIONS

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Elect Harsh Mariwala” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

14. Re-appointment of Saugata Gupta (Managing Director and CEO); Approval of Remuneration

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Re-appointment of Saugata Gupta (Managing Director and CEO); Approval of Remuneration” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

15. Elect Bhaskar Bhat

No official resultsDIRECTOR ELECTIONS

Meeting held September 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,330,754 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,330,754
Largest asset managers voting on “Elect Bhaskar Bhat” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds170,4100 00For
Russell Investments69,0850 00For

16. Approve Enhancement of Limit for Loan, Guarantee and Investment by the Company under Section 186 of the Companies Act…

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

2% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 36 asset managers

Description as filed by funds: Approve Enhancement of Limit for Loan, Guarantee and Investment by the Company under Section 186 of the Companies Act, 2013

The 36 asset managers below reported 870,174 for, 34,456,888 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 870,174AGAINST: 34,456,888
Largest asset managers voting on “Approve Enhancement of Limit for Loan, Guarantee and Investment by the Company under Section 186 of the Compan” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard017,015,709 00Against
OLD WESTBURY FUNDS INC04,606,374 00Against
MATTHEWS INTERNATIONAL FUNDS02,510,001 00Against
Fidelity02,457,181 00Against
BNY Mellon0983,885 00Against
TIAA0937,351 00Against
GuideStone0917,814 00Against
WisdomTree0897,591 00Against
State Street781,8800 00For
Columbia Threadneedle0778,457 00Against
Franklin Templeton0706,277 00Against
American Century0678,972 00Against
Dimensional0528,814 00Against
PACE SELECT ADVISORS TRUST0230,543 00Against
Empower0212,681 00Against
Ashmore Funds0199,658 00Against
WILLIAM BLAIR FUNDS0197,278 00Against
Northern Trust0130,610 00Against
Invesco74,3270 00For
Lazard072,199 00Against
JPMorgan071,264 00Against
Voya065,528 00Against
Putnam051,446 00Against
AIG/SunAmerica041,968 00Against
Victory Capital036,224 00Against

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

17. Enhancement of limits under section 186 of the companies act, 2013

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

0.4% of fund votes cast · no official result

AGAINST
Details: description as filed, votes by 12 asset managers

Description as filed by funds: ENHANCEMENT OF LIMITS UNDER SECTION 186 OF THE COMPANIES ACT, 2013

The 12 asset managers below reported 96,274 for, 24,207,463 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 96,274AGAINST: 24,207,463
Largest asset managers voting on “ENHANCEMENT OF LIMITS UNDER SECTION 186 OF THE COMPANIES ACT, 2013” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock016,617,081 00Against
RBC FUNDS TRUST05,534,273 00Against
HARBOR FUNDS01,106,807 00Against
Bridge Builder Trust0610,926 00Against
John Hancock17,795127,917 00Mixed
MASTER INVESTMENT PORTFOLIO063,471 00Against
Jackson National060,690 00Against
Six Circles Trust055,465 00Against
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust025,287 00Against
GPS Funds I05,546 00Against

18. Authority to Give Guarantees

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

0% of fund votes cast · no official result

AGAINST
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 2,326,254
Largest asset managers voting on “Authority to Give Guarantees” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI01,215,074 00Against
Charles Schwab0626,579 00Against
Mercer Funds0249,606 00Against
SEI Exchange Traded Funds0165,910 00Against
Russell Investments069,085 00Against

19. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,327,062 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,327,062
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya65,5280 00For
Putnam51,4460 00For
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

20. Confirm Interim Dividend and Declare Final Dividend

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,327,062 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,327,062
Largest asset managers voting on “Confirm Interim Dividend and Declare Final Dividend” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya65,5280 00For
Putnam51,4460 00For
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

21. To confirm the interim dividend of RS 3.50 per equity share of RS 1 each paid during the year and to declare final…

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: TO CONFIRM THE INTERIM DIVIDEND OF RS 3.50 PER EQUITY SHARE OF RS 1 EACH PAID DURING THE YEAR AND TO DECLARE FINAL DIVIDEND OF RS 7 PER EQUITY SHARE OF RS 1 EACH FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “TO CONFIRM THE INTERIM DIVIDEND OF RS 3.50 PER EQUITY SHARE OF RS 1 EACH PAID DURING THE YEAR AND TO DECLARE F” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

22. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Accounts and Reports” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

23. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Allocation of Profits/Dividends” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

24. Approve K. R. Chandratre as Secretarial Auditors and Authorize Board to Fix Their Remuneration

No official resultsAUDIT-RELATED

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,327,062 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,327,062
Largest asset managers voting on “Approve K. R. Chandratre as Secretarial Auditors and Authorize Board to Fix Their Remuneration” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya65,5280 00For
Putnam51,4460 00For
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

25. Approve Remuneration of Cost Auditors

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 36 asset managers

The 36 asset managers below reported 35,327,062 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 35,327,062
Largest asset managers voting on “Approve Remuneration of Cost Auditors” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard17,015,7090 00For
OLD WESTBURY FUNDS INC4,606,3740 00For
MATTHEWS INTERNATIONAL FUNDS2,510,0010 00For
Fidelity2,457,1810 00For
BNY Mellon983,8850 00For
TIAA937,3510 00For
GuideStone917,8140 00For
WisdomTree897,5910 00For
State Street781,8800 00For
Columbia Threadneedle778,4570 00For
Franklin Templeton706,2770 00For
American Century678,9720 00For
Dimensional528,8140 00For
PACE SELECT ADVISORS TRUST230,5430 00For
Empower212,6810 00For
Ashmore Funds199,6580 00For
WILLIAM BLAIR FUNDS197,2780 00For
Northern Trust130,6100 00For
Invesco74,3270 00For
Lazard72,1990 00For
JPMorgan71,2640 00For
Voya65,5280 00For
Putnam51,4460 00For
AIG/SunAmerica41,9680 00For
Victory Capital36,2240 00For

Showing the 25 largest of 36 asset managers. All 36 are in the interactive database (link above).

26. Appointment of DR. k. r. chandratre, practising company secretary (FCS no. 1370, CP no. 5144), as the secretarial…

No official resultsAUDIT-RELATED

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: APPOINTMENT OF DR. K. R. CHANDRATRE, PRACTISING COMPANY SECRETARY (FCS NO. 1370, CP NO. 5144), AS THE SECRETARIAL AUDITOR OF THE COMPANY FOR A TERM OF FIVE CONSECUTIVE YEARS

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “APPOINTMENT OF DR. K. R. CHANDRATRE, PRACTISING COMPANY SECRETARY (FCS NO. 1370, CP NO. 5144), AS THE SECRETAR” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

27. Ratify the remuneration payable to m/s. ashwin solanki and associates, cost accountants (firm registration no. 100392)…

No official resultsAUDIT-RELATED

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: RATIFY THE REMUNERATION PAYABLE TO M/S. ASHWIN SOLANKI AND ASSOCIATES, COST ACCOUNTANTS (FIRM REGISTRATION NO. 100392), COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR ENDING MARCH 31, 2026

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “RATIFY THE REMUNERATION PAYABLE TO M/S. ASHWIN SOLANKI AND ASSOCIATES, COST ACCOUNTANTS (FIRM REGISTRATION NO.” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

28. To receive, consider and adopt the audited financial statements (standalone and consolidated) of the company for the…

No official resultsCORPORATE GOVERNANCE

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND STATUTORY AUDITORS THEREON

The 12 asset managers below reported 24,303,737 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,303,737
Largest asset managers voting on “TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY F” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock16,617,0810 00For
RBC FUNDS TRUST5,534,2730 00For
HARBOR FUNDS1,106,8070 00For
Bridge Builder Trust610,9260 00For
John Hancock145,7120 00For
MASTER INVESTMENT PORTFOLIO63,4710 00For
Jackson National60,6900 00For
Six Circles Trust55,4650 00For
Simplify Exchange Traded Funds46,7380 00For
Advisors' Inner Circle Fund III31,7410 00For
Harbor ETF Trust25,2870 00For
GPS Funds I5,5460 00For

29. Appointment of Secretarial Auditor

No official resultsAUDIT-RELATED

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Appointment of Secretarial Auditor” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

30. Approve Payment of Fees to Cost Auditors

No official resultsAUDIT-RELATED

Meeting held August 8, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 2,326,254 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 2,326,254
Largest asset managers voting on “Approve Payment of Fees to Cost Auditors” at Marico Limited, 2025-2026
Asset managerForAgainst AbstainWithheldVote
SEI1,215,0740 00For
Charles Schwab626,5790 00For
Mercer Funds249,6060 00For
SEI Exchange Traded Funds165,9100 00For
Russell Investments69,0850 00For

Largest Marico Limited shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Marico Limited shareholders by shares voted on “Accept Financial Statements and Statutory Reports”, 2025-2026
#Asset manager Shares voted
1Vanguard 17,015,709
2OLD WESTBURY FUNDS INC 4,606,374
3MATTHEWS INTERNATIONAL FUNDS 2,510,001
4Fidelity 2,457,181
5BNY Mellon 983,885
6TIAA 937,351
7GuideStone 917,814
8WisdomTree 897,591
9State Street 781,880
10Columbia Threadneedle 778,457

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Marico Limited for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Marico Limited proxy season coverage: 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Marico Limited 2025-2026 Shareholder Meetings: Vote Results”, https://proxyvotesnow.com/company/marico-limited/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.